Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

SHOCKING: Dollar and gold prices fall on easing geopolitical risks - You Need To See This

Gold Donald Trump US Federal Reserve Bostic Powell Villeroy de Galhau Williams ECB Interest Rates Israel

The dollar index (DXY00) on Tuesday fell by -0.55% and posted a 1-week low. The dollar retreated Tuesday after President Trump announced a tentative ceasefire between Israel and Iran, which curbed safe-haven demand for the dollar.  Also, Tuesday's sharp rally in stocks reduced liquidity demand for the dollar. The dollar weakened further on Tuesday after an unexpected decline in the Conference Board's June US consumer confidence index.

Losses in the dollar were contained Tuesday by hawkish commentary from Fed Chair Powell, New York Fed President Williams, and Atlanta Fed President Bostic, who said they are in no hurry to cut interest rates.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'I Don't Wanna Deal With Being Naked With a Stranger': Amanda Seyfried Turns Down TV Show Role Over Sex Scenes
Amanda Seyfried said she declined an unnamed television project because of its frequent sex scenes, explaining that motherhood has changed how she sets boundaries around on-screen intimacy
International Business Times UK
International Business Times UK
Khloé Kardashian's 'Watch Until the End' Message Targets Criticism of the Family's AI Season Opener
Khloé Kardashian has defended The Kardashians' unusual season-eight opening, urging critics to watch the full AI-themed sequence before judging its satire about technology and authenticity.
International Business Times UK
International Business Times UK
Kelly Clarkson Slams Brooklyn Store Clerk Who Allegedly Used a 'Condescending Tone' Over $15,000 Item
Kelly Clarkson and Brooklyn boutique Art of Play have offered conflicting accounts of a disputed encounter involving a $15,000 mechanical singing bird and claims of rude treatment.
International Business Times UK
International Business Times UK
Dan Levy hits out at Shane Gillis over ‘misogynist’ comments in SNL monologue
Stand-up Gillis, who was fired from the comedy show in 2019, branded women at the gym ‘wh***s’
The Independent UK
The Independent UK
TV Star Breaks Silence On Social Media Frenzy After He Accidentally Exposed Himself To Fans
‘Smallville’ star Tom Welling meant to share a view of the New York City skyline, but accidentally exposed much more than he intended.
Bored Panda
Bored Panda
‘We’re in a brotherhood now’: the Bill Pickett rodeo – photo essay
For several years, Chloe Kerleroux has been photographing African American cowboy communities in the southern US. Her work has mainly focused on trail rides: large gatherings where horses, music, dancing, family and community life come together. This year, she explored rodeo culture including at the Bill Pickett invitational in Atlanta
The Guardian - UK
The Guardian - UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play